CCI Prefiltered Histo (MT4)

CCI Prefiltered Histo is a Commodity Channel Index with an extra prefilter stage and a histogram view. The prefilter tames noise before CCI is calculated, so you get cleaner zero-line regimes and clearer momentum swings on MetaTrader 4.

What it shows

• Histogram above 0 → bullish pressure; below 0 → bearish pressure.
• Color flips (if enabled) visualize momentum turns.
• Prefilter smooths input data, reducing whipsaws versus raw CCI.

Trade ideas

1. Zero-line regime: trade buy setups while the histogram holds > 0, sell setups while < 0.
2. Pullback timing: after a trend push, enter on shallow pullbacks when the histogram stays on the same side of 0.
3. Exhaustion: fading histogram height after a long run → scale out or tighten stops.
4. (Optional) Divergence: price makes a new extreme but the histogram doesn’t — treat as an early warning.

Inputs that matter

• CCI period — the classic length (e.g., 14/20).
• Prefilter period/type — amount and method of pre-smoothing.
• Price source — Close/Typical/Weighted, etc.
• Alerts — crossovers, zero-line, color flips.
• Colors/widths — quick state recognition.

Suggested usage

• M5–M15: intraday mean-reversion and trend pullbacks.
• M30–H4: swing participation with zero-line as a regime filter.
• Combine with ATR-based stops and multi-timeframe context.

Installation (MT4)

1. Open MetaTrader 4 → File → Open Data Folder.
2. Copy cci-pre-filtered-histo.ex4 to MQL4/Indicators.
3. Restart MT4 (or refresh Navigator) and attach CCI Prefiltered Histo to a chart.
4. Tweak inputs → OK.

FAQ

Does it repaint? No — values are calculated on closed candles.
Can I use it in EAs? Yes, via iCustom.
Markets? FX majors/crosses, indices, metals — anything available on MT4.

Disclaimer: Test on a demo account first; no indicator guarantees profits.